USE THE FOLLOWING TRIAL BALANCE FOR ALL REMAINING QUESTIONS: DEBITS CREDITS Cash $450,000 Accounts Receivable $38,450 Allowance for Doubtful Accounts $3,410 Inventories $122,000 Prepaid Assets (less than 1 year) $61,000 Building $1,000,000 Machinery, Equipment, Furniture $380,000 Accumulated Depreciation $201,000 Held to Maturity Securities $500,000 Prepaid Assets (greater than 1 year) $1,000 Deferred Tax Asset (greater than 1 year) $90,000 Accounts Payable $100,000 Income Taxes Payable $87,000 Accrued Wages Payable $501,500 Accrued Interest Payable $74,000 Notes Payable (greater than 1 year) $400,000 Bonds Payable (greater than 1 year) $900,000 Discount on Bonds Payable $150,000 Deferred Tax Liability (greater than 1 year) $42,000 Retained Earnings $75,000 Common Stock $100,000 Sales Revenue $2,000000 General and Administrative Expenses $138,000 Other Expenses $1,553,460 TOTALS $4,483,910 $4,483,910